You are here

Tag: In

Institutional investment in real estate drops 12% in FY20 at nearly $4.5 billion: Report

Loknath Das, , , , , , , , , , ,

Institutional investment in Indian real estate fell 12 per cent to $4.48 billion (around Rs 33,800 crore) last fiscal year on lower economic growth and uncertainty over the coronavirus pandemic, US-based property consultant Vestian said. “The fiscal year 2020 saw a total institutional investment of $4,480 million. This depicted a decline of 12 percent when compared with the quantum of investment in the previous year fiscal year 2019,” Vestian said in the report. During the fourth quarter of the last fiscal, institutional investment in real estate dropped 44 percent to…

Read More

Google considering taking stake in Vodafone Idea: Report

Loknath Das, , , , , ,

Google’s parent company Alphabet Inc is also looking to buy some stake in Vodafone Idea’s rival Reliance Jio Infocomm, the newspaper reported. Global internet giant Google is looking to buy up to 5 per cent stake in debt-laden Vodafone Idea, the Financial Times reported Thursday. Google’s parent company Alphabet Inc is also looking to buy some stake in Vodafone Idea’s rival Reliance Jio Infocomm, the newspaper reported, without providing details. The report comes almost a month after social media giant Facebook picked up 9.9 per cent stake for Rs 43,574…

Read More

Mental health patients in crisis because of coronavirus cutbacks

Loknath Das, , , , , , ,

People with mental health problems are ending up in crisis and at higher risk of suicide because they cannot get their usual help from the NHS during the lockdown, a leading charity has warned. Those struggling with serious conditions have found it hard to cope because their appointments have been cancelled and they have had trouble getting support from their GP, the mental health charity Mind said. The lack of care increased the danger of them self-harming, it said. One in four people who have tried to access help to…

Read More

Bandhan Bank to invest ₹300 crore in Yes Bank

Loknath Das, , , , , , ,

MUMBAI: Private sector lender Bandhan Bank on Saturday said it will invest ₹300 crore in Yes Bank under the bank’s reconstruction scheme, taking the total investment proposal to ₹10,650 crore. The bank said it will acquire 30 crore equity shares of ₹2 each at a premium of ₹8 per equity share, constituting less than 5% of the new issued and paid-up equity share capital of Yes Bank. “As per the Scheme of Reconstruction, 75% of the total investment of the bank would be locked in for three years,” Bandhan Bank said in a regulatory…

Read More

Infosys writes off investment in Waterline as third startup bet turns sour

Loknath Das, , , , , , , , , ,

India-based multinational information technology services provider Infosys Ltd. has written off its investment in a United States startup that offers data discovery and governance software. The California-based startup called Waterline Data Inc., founded in 2013, will be acquired by a subsidiary of Japan’s Hitachi by the end of this month. This is the third startup bet that has turned sour for Infosys. The IT major had invested in Waterline through its $500 million Innovation Fund, launched in 2015. It first invested $4 million in January 2016. In March 2018, it bet a further…

Read More

Portfolio Planning: Investment tips in the times of coronavirus

Loknath Das, , , , , , ,

At some point when the stock markets stabilise, your returns from gold will slow down, but your equity returns will start improving again. The markets are reacting to the spread of the novel coronavirus. China sneezed, and the global economy went into a tizzy. Globally, stock markets are in a spin. Investors are worried. What should they do with their investments in a tough economy? Eyes on your goals First and foremost, always remember why you started an investment. Any investment must be tied to a specific goal. When you…

Read More